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Last A$0.04 AUD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:53 PM 08/25/15 All times are local (Market data is delayed by at least 15 minutes).

apollo minerals ltd (AON) Snapshot

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09/5/14 - A$0.44
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apollo minerals ltd (AON) Details

Apollo Minerals Limited explores and develops mineral resources in Australia and Africa. The company also explores for iron, base and precious metals, and gold, as well as platinum group elements. It primarily focuses on the development of its Commonwealth Hill iron, and titan base and precious metals projects in the Gawler Craton, South Australia; and holds 100% interest in the Mount Oscar Iron project covering 1,500 square kilometers in the Pilbara region, Western Australia. The company also holds 82.5% interest in the Kango North project in Gabon on the west coast of Central Africa; and a 100% interest in the Claypan Dam tenement located in Gawler Craton Province, South Australia. Apollo Minerals Limited has strategic partnerships with Jindal Steel and Power Ltd. The company is based in Sydney, Australia.

apollo minerals ltd (AON) Top Compensated Officers

Executive Chairman and Member of Remuneration...
Total Annual Compensation: A$60.0K
Exploration Manager
Total Annual Compensation: A$160.0K
Consulting Geologist
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

apollo minerals ltd (AON) Key Developments

Apollo Minerals Limited Presents at 12th RIU Sydney Resources Round-up 2015, May-13-2015 02:20 PM

Apollo Minerals Limited Presents at 12th RIU Sydney Resources Round-up 2015, May-13-2015 02:20 PM. Venue: Sofitel Sydney Wentworth, Sydney, New South Wales, Australia. Speakers: Richard Shemesian, Executive Chairman and Member of Remuneration Committee.

Apollo Minerals Limited, Special/Extraordinary Shareholders Meeting, Apr 30, 2015

Apollo Minerals Limited, Special/Extraordinary Shareholders Meeting, Apr 30, 2015., at 11:00 AUS Eastern Standard Time. Location: The Boardroom of Hall Chadwick. Agenda: To consider ratification of prior issue of 18,750,000 shares; to consider ratification of prior issue of 10,005,415 shares; to consider approval to participate in a placement and to issue 2,500,000 shares; to consider issue of options; and to consider approval of consolidation of shares on a 1 for 10 basis.

Enterprise and Apollo Enter into Sale and JV on Fraser Range

Enterprise Metals Limited announce that it has entered into a Sale and Joint Venture Agreement with Apollo Minerals Limited on four tenements covering 600km2 in the prospective Fraser Range district, which hosts Sirius Resources' Nova nickel and copper deposits. Under the terms of the Agreement, Apollo will purchase a 70% beneficial interest in Enterprise's granted Exploration Licences 63/1281 and 63/1282, and Exploration Licence applications 63/1695 and 28/2403. The consideration is $200,000 cash and 20 million Apollo (AON) ordinary fully paid shares. Enterprise and Apollo will enter into the Orpheus Base Metals JV, whereby Apollo will sole fund and manage exploration to completion of Bankable Feasibility Study (BFS) on any discovery. Upon completion of a BFS and delineation of a mining area, the JV parties will contribute proportionally to the development of the Project towards mining. Fraser Range Exploration Pty Ltd. a wholly owned subsidiary of Apollo agrees to purchase a 70% legal and beneficial interest in the tenements owned by Enterprise Metals Limited. The parties will form an unincorporated exploration JV called the Orpheus Base Metals JV between FRE and ENT, where FRE will have a 70% JV interest, and ENT will have a 30% JV interest. FRE will be appointed as manager of the joint venture. The terms include: FRE will sole fund all JV activities on the Tenements until the date when FRE delivers to ENT a BFS for a Mining Area; the Tenements (if any) outside the Mining Area will remain subject to this Agreement and FRE will remain responsible for sole funding exploration; the payment of $100,000 non-refundable deposit; the payment of a further $100,000 on the Completion Date; and the issue of 20 million fully paid ordinary shares in the capital of Apollo to Enterprise on the Completion Date which is to occur within 14 days from the date of the Agreement.


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